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were struggling under he harsh new austerity measures, the ryan plan would cut tax billers in most fortunate. last year the joint economic committee estimates that ryan's tax plan would lower taxes for millionaires by about $300,000 while raising taxes for individual taxpayers earning between $30,000 and $100,000 by over $4,000. how fair is that? at a time when income inequality is widely viewed as a very serious problem in our country, the ryan plan would make it worse. the gap between the haves and the have-nots would grow larger under the ryan plan. the ryan plan would ask tens of millions to bear additional burdens, pay additional taxes, face additional hardships. while it cut taxes for the fortunate few and preserved loopholes for big oil and spent an additional half million dollars on the military over the next 10 years. and at the end of a decade of paying -- of painful cuts, according to the nonpartisan tax policy center, the ryan budget would have managed to actually add $5.7 trillion to the deficit . a close look at the math makes it clear that the ryan budget can't recou
is the disposable income after that payroll tax disappeared? continue negotiating. 82% is a proof of the way congress does its job. joining us now from washington, d.c. is steve moore. senior economics writer at the "wall street journal." will compromise and improve their standing in the eyes of the american people? i highly dow it. >> let me bring you up to date. there is still black smoke coming out of the capital. we still have not seen a senate budget. by 4:00 o'clock or 5:00 o'clock tonight, maybe. hold onto your hats, we make it a set budget. that would be quite a rare occurrence on capitol hill. people are extremely angry about the budget situation. they are extremely angry apple parties because of the accumulation of debt. they do not seem to be doing anything to stop this tsunami of red ink. washington is incomplete disarray. what do we do in november? we reelected 96% of these people. the numbers do not add up. dagen: i completely agree. if you look at the proposals from paul ryan and the senate democrats, where do you think there is room for compromise? >> i have looked through bo
's plan seeks to reduce taxes and cut government spending. "when they talk about a cut, they're talking about reducing the rate of growth. and that's all ryan's plan will do. i think it's too weak. i think it's not good enough." author of "the free market revolution," yaron brook's criticism of the ryan plan is one you may not have heard before. it is far more likely that you've already listened to a version of this attack from the left. "the ryan plan will shower more tax breaks on millionaires and tilt the playing field to the advantage of big corporate interests" ryan's plan would cut the top tax bracket from 39 to 25 percent and would reduce the corporate tax rate from 35 to 25 percent. it also seeks to slash spending on entitlements like medicare, medicaid and social security in an effort to balance the budget. this republican plan will no doubt set off a new round of petty partisanship in washington, but it's unlikely that democrats will pick up on this new line of attack. "i can promise you it doesn't cut enough to make me happy. and it doesn't reform entitlements enough to make
medicaid turns medicare into a voucher program. it gives the wealthiest of americans yet another tax break and it repeals obamacare. it will get passed by the house. it will go nowhere in the senate. it is dead on arrival. but the republicans keep putting this out there. we will tell you about that and, of course, take your calls and get you a chance to get involved in the conversation. give us a call on our toll-free line at 866-557-7377. did we tell you? it looks like there was life on mars. whoa! coming up on current tv. [ music ] (vo) current tv gets the converstion started weekdays at 9am eastern. >> i'm a slutty bob hope. >> you are. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. this show is about analyzing criticizing, and holding policy to the fire. are you encouraged by what you heard the
without raising taxes repealing the president's health care law, converting medicare to a voucher-style system and kit federal pensions. senate democrats unveil a plan of their own, a 50-50 mix of tax hikes and spending cuts. >> boy scouts of america has a questionnaire on a change in the policy banning gay scout leaders and members, e-mailing to 1.1 million adult scouts with a list of five questions: is it acceptable for a gay and straight scout to share a tent overnight? the scouts are posing such questions as the organization tries to determine whether to lift or modify their gay ban. cow leaders will vote on the issue in may. >> the bay area newest ferry service is in financial service. why the problem could be a big win for commuters between the east bay and the peninsula. >> have you filed your taxes yet? the small mistake that could delay hundreds ♪ ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wro
consequence of furloughing state workers and the billions of tax dollars save >> good morning, everyone, 4:50 on abc7 news. a live look from our high definition roof tom camera -- top camera in san francisco, you can see the buildings and not the fog. mike will tell us about the weather including a chance of rain next week. >> you will soon have another option to get around a bay area because of a bicycle sharing program. there is an agreement with a pilot program for bicycle share. you can pick up and drop off bicycles at 70 locations between san francisco and san jose. the cost is still up in the air. a similar program in washington, dc, charges $75 for an annual pass. >> the spring break is leading san francisco's muni system to reduce service while students are out of school part of a strategy they first tried over the holiday season in december when fewer people were using the city buses and trolls and streetcars. this will we reduce the frequency on a dozen routes from march 25 to march 29. they saved $275,000 by reducing routes during the holiday season. >> there is word that twitte
with spending and tax increases. on the other end of this how do you suggest that president obama somehow come and meet him in the middle? >> i'm not sure the budget is coming out of the house as much as any new revenues to solve the budget problems. by the way, i think we could learn something from the vatican if you lock everybody in a room with 500-year-old plumbing, we might get a deal here. charles: you know what? i tell you what, i'm for it. i thiik that's the most bipartisan thing that will be said all day long. on the budget situation, you know, it's interesting because obviously the president has taken a different tact here recently going into the sequester deal and sort of went to the people to make his case and the country's not falling apart. sequestration might have been a ploy, if you will, to sort of put the g.o.p. in a box, but seems to be working against the president and might be changing the whole tenor of this debate. >> well, i think the issue on sequestration, i think the president did sort of overestimate the effects and what i'm seeing is that it's having serious effect
billion. >>> a new report shows three of the four companies paying the most in corporate income tax are based out here in the bay area. fourth on the list is wells fargo which paid did the 9.1 billion in income tax. apple ranked third, paying more than 14 billion and chevron in san ramon paid $20 billion in income tax last year. that puts it second overall, the biggest rival of texas topped the list and paid $31 billion. >>> the chp investigates whether reckless driving may have led to last night's fiery crash in walnut creek that killed a motorcyclist. it happened on 680 south of rudgear road around 6:00 p.m. the crash involved four cars, one of which burst into flames. witnesses say the motorcycle and another vehicle appear to be driving recklessly before that crash. services are scheduled today for the three people killed in a daly city crash earlier this month. a viewing is scheduled for 50- year-old yosefa acevado and her 23 and 15-year-old sons. funeral services are scheduled tomorrow. police say the family was pulling out of their driveway when their car was hit by 23- year-o
paying the most in corporate income tax are based out here in the bay area. fourth on the list is wells fargo which paid did the 9.1 billion in income tax. apple ranked third, paying more than 14 billion and chevron in san ramon paid $20 billion in income tax last year. that puts it second overall, the biggest rival of texas topped the list and paid $31 billion. >>> the chp investigates whether reckless driving may have led to last night's fiery crash in walnut creek that killed a motorcyclist. it happened on 680 south of rudgear road around 6:00 p.m. the crash involved four cars, one of which burst into flames. witnesses say the motorcycle and another vehicle appear to be driving recklessly before that crash. services are scheduled today for the three people killed in a daly city crash earlier this month. a viewing is scheduled for 50- year-old yosefa acevado and her 23 and 15-year-old sons. funeral services are scheduled tomorrow. police say the family was pulling out of their driveway when their car was hit by 23- year-old dennis macedo. po
. >>> and your tax return may have hit a snag. the glitch that may have a delay in you getting your money. >>> it might sweetest sounding protest ever. why it may be a while before you hear from some of the most accomplished musicians. >>> temperatures near record setting. 80 north napa. we will have details on if it will stick around for tomorrow coming up in just a few minutes. hello? the words are going this way-there's no way. oh, the lights came on. isn't technology supposed to make life easier? at chase we're pioneering innovations that make banking simple. deposit a check with a photo. pay someone with an email. and bank seamlessly with our award-winning mobile app. take a step forward... and chase what matters. >>> the chp says a witness to the deadly hit-and-run played a role in coaxing the driver to return. the young driver hit and killed a bicyclest. investigators say the victim was a 59-year-old santa clara man. the chp says the driver returned after she was followed by a witness. she is being held as investigators determine what charges she might face. this is the second fata
realistically think it's going away any time soon? the republican fantasy budget reduces taxes dramatically without a hint of how it would be possible. without exploding the deficit or dramatically raising taxes on the middle class. this is consistent with what the romney ryan ticket said on the campaign trail last fall. the same issue where they dodged, assembled, and ignored the perfectly reasonable question how is it possible? six months later it's back in the budget but there's still -- but there still is no answer. during the last 40 years there have been only four budgets without deficits. the last three clinton budgets and the one that george bush inherited from bill clinton. in each case taxes as a percentage of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are going to enjoy anything like our current quality of life. there is a real world int
federal return for free. it's free to prepare, print, e-file and you can even chat with a tax expert. get the federal free edition at turbotax.com. people have chosen it again and again for over eight years. its key ingredients are also found in every day food like avocados, broccoli and bananas. it contains about as much caffeine as a cup of the leading premium coffee. zero sugar. four calories. 5-hour energy is like... coffee with vitamins and nutrients. simple. put them together and it's a great combination. try a sip... then decide. ♪ ticktock on the clock but the party don't stop ♪ >>> all right, time for today's "quick fix." it always happens when your makeup starts to run. >>> here with quick fixes is "marie claire" fashion editor marie roberts. >> you two look gorgeous, by the way. >> thank you. >> help us out when the hem falls, what should we do? >> very easy thing, most people have in their house is masking tape or duct tape. i prefer to use a double-sided tape, top stick, pure style works because it actually goes with the fabric. pop it behind, pull this off, roll it over
trillion dollars in new tax revenues over the coming decade. >> gun control advocates scored a big victory on the assault weapons ban, but not without emotional fireworks between lawmakers. the senate judiciary committee has approved an assault weapons ban that was proposed by california senator dianne feinstein. as she was clearly angry when a matter member of the two- party and senate colleague tried to scold her about the constitution. >> it seems to me that all of us could be seeing are foundational document as the constitution. >> i am not a sixth grader. i have been on this committee for 20 years. i was a mayor for nine years. i walked in and saw people shot. i saw the bodies that were shot with these weapons. i have seen the bullets that and closed. sandy hook youngsters were dismembered. >> the measure now goes to the full senate for consideration. it is plan to be a tough fight because of opposition by the nra and an expected filibuster by republicans. feinstein as hoping president obama can help fight for the ban might present ended firmer bill back in the '90s. the president has
to stay alert. register's tax offender charles christensen has moved into the neighborhood on will pass road. he has committed several sex crimes against children and is considered a sexually violent predator. if the second sex offender to move in the area and parents are wary about their children's safety. >> this the second time this happened the first time we did not do anything i do not know if we will be able to do the thing this time. >> my granddaughter is 6 and she is smart and intelligent. i showed her the picture and told her exactly what it is. he is a sex guide, a dirty guide. if you ever see him run the other way. >> parents from local elementary are reportedly planning a protest for later today. will let you know if that happens. >> we will take a break. >> it is 4:08 . we will have more headlines. we are following weather and traffic. >> everything is fine as the span of the san mateo bridge although there is reports of a similar by 580 near livermore. >> if you are in the area or 580 is part of your commute you may expect delays live this morning. we will keep you update
for virginia, which required them to raise taxes i think on the gas tax or somehow to pay for these highway improvements and god knows northern virginia particularly needs them. no, because he did that and made a deal with the federal government, the department of transportation, he was not invited to cpac. but all of the rest of the crazies were. and it turned out, there was a big split yesterday in the message. -- the messages given to cpac. first of all rand paul scale in hot off of his drone filibuster and said the party needs a shakes-up and a new cleansing. >> the got of old has grown stale and moss-covered. i don't think we need to name any names. do we? >> you know who he is referring to. >> our party is inc. covered by an incounsistent approach to freedom. the new g.o.p. will need to embrace liberty in the comic and the personal sphere. >> which is sort of saying all much those emphasis on the social issues? right? liberty on the personal spear means get the government out of my bedroom. this is the libertarian speaking. when he says, i don't need
-income families, while lowering taxes for the wealthiest people at a time which wl the rich are doing phenomenally well. one out of four major corporations is paying nothing in taxes. my hope is that we can in fact develop a strong budget which is based on revenue and judicious cut cuts. >> when i see her saying she is open to chain cpi, if she, obama, republican leaders get to a deal, it will include chain cpi or something along those lines. would you as a senator, if that becomes the deal that they all work out, would you use the power of filibuster, do you feel strongly enough to stop anything that touches entitlements? >> i don't want to speculate on a line athletic cal. the so called chain cpi would mean if you're 65 years of old, by the time you're 75, you'll get $650 less than you would have gotten. by the time you're 85, $1,000 a year less. if you're a senior citizen in the state of vermont trying to live on $15,000 a year, that's a devastating cut. let me say as chairman of the senate veteran committee, this will mean devastating cuts for disabled veterans fork widows who lost their husba
million. now, experts say it will be closer to $172 million. and the hotel revenue tax the city was told would be $12 million and change is now projected to be about half of that amount. >> i believe that if larry ellison wins it it's going to be back and be 10 times as exciting next time. >> would you ever volunteer for this job again? >> if i want to stay married i won't. >> it's not just the fund raising failure that's upset the supervisor. he pointed out wage agreements have not been honored and $400,000 in back wages is owd to 113 workers. that is part of the story we're working on for abc 7 news at 6:00. >> looking forward to hearing more from you, mark, thank you. the secret service launched an investigation into hacker claims they gained private information about political leaders. this is information posted on a web site and eqifax confirm the profiles of four high rove yil clients were accessed. in an exclusive interview with abc news, president obama confirmed an investigation but would not say whether the information posted about his wife was authentic. >> today democrat lawm
tax year 2009. the agency says more than 984,000 americans have yet to file their 2009 returns. the irs says if you want to get any money back from returns in 2009 now is the time to do those taxes. 2009 tax returns must be submitted by april 15th of this year too get your refund. otherwise the money is handed over to the u.s. treasury. >>> all right, ticketed for tailgating. what a recently cited sheriff is now saying about his citation. >>> plus, the grand princess has finally left san francisco on its maiden voyage. how the cruise ship is expected to help the city over the next year? >>> plus a car-wash for a cause. the fundraiser to help the family i of a young woman found dead on caltrain tracks. >>> we have more developing news coming into the ktvu channel 2 news newsroom and it comes to us from the sierras, where a search is underway right now at a popular ski resort for a missing bay area man. 45-year-old david hanholt of los gatos is reported missing by frens friends at squaw valley of the placer county sheriff is now involved in the search. a crusship that makes san f
account as a tax. tonight, the plan in one country to do just that and the shock felt around the world. plus, campus shooting plot foiled. tonight, guns, bombs and suicide at one of the biggest universities in america. late night panic and fear on campus. >> the cops had guns and were telling everyone to run. >> shepard: now the suspect is dead. why did he have all the weapons and explosives? tonight, investigators dig into the deadly dorm room drama. and a couple of dare devils do a skyscraper fly by. with nothing more than a pair of wings but first from fox this monday night, police are now saying this could have been a disaster. hundreds of students had the one of the largest universities in our nation evacuated after report of a man with a gun on campus. but there was so much more. when police entered the suspect's dorm room, they found him dead with a pistol and an assault rifle. and a bagful of homemade bombs. and investigators say it now appears to them the suspect was planning some kind of attack. it happened a little after midnight in dorm tower 1 at the university of central
down. even though he pay taxes in the city he was not allowed to get a card. there were two cases going on at the same time. wilson andase for the court case for these five young men. there is no reason to send these young men to jail to serve any time for what they did. it has been said he asked for a continuance for the court case. essentially the charges against the men were dropped. "washington journal, continues. you may have seen one of the speakers at cpac sessions, senator rand paul. on thursday he said the gop has "grown moss covered." gop of all has grown stale and moss covered. think wehe -- i don't need to name any names. our party is encumbered by an inconsistent approach to freedom. the new gop would need to embrace liberty in both the economic and personal sphere. [applause] have are going to republican party that can win it needs to be the backbone of the gop. host: sees the american conservative union chairman. thank you for joining us. what do you think about the thoughts of old versus new? the theme of our conference is america's future, the next generation of conserv
a plan to balance the budget in 10 years without raising taxes. that plan would repeal the president's health care law, convert medicare to a voucher voucher-style system and cut federal pensions. it is similar to a budget plan that he offered last year. today the senate democrats unveil a plan of their own. >> boy scouts have sent out a questionnaire on a potential change in policy banning gay scout leaders and members. the survey e-mailed to 1.1 million adult scouts has five questions including, is it acceptable for a gay and straight scout to share a tent overnight? the scouts posing such questions as the organizer tries to determine whether to lift or modify the gay ban. leaders will vote on the issue in may. >> the woman now accused of salting a young girl in a san francisco park. >> another trial run for taking bicycles on bart. commuters get a chance to take the bike along for the road. >> new date announced on which a famed >> south san francisco struggling ferry service is coming up with new ideas to get more people on board. the oyster point ferry between the peninsula and
to hide, we're not afraid of answering tough questions. >>> and are your tax dollars being wasted? our investigative unit follows the money right to the san jose airport. >>> and after record-setting heat in the past 24 hours, temperatures are dropping, widespread 60s here across most of the bay area, we'll have more on that and when much-needed rain returns coming up in the forecast. mom, i invited justin over for lunch. good. no, not good. he's a vegetarian and he's going to be here in 20 minutes! [ mom ] don't stress. we can figure this out. ♪ [ male announcer ] get the speed to make a great first impression. call today to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. this is delicious. ♪ [ male announcer ] save the day in an instant. at&t. ♪ >>> tonight, the nbc bay area investigative unit is digging into government waste and taxpayers' money. the faa issued a highly critical audit back in 2010, accusing the city of san jose of illegally diverting funds from the san jose airport. now, three years later, no actio
tomorrow morning. there's still no plan here. in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities. then they said we're also going it try to sell one of the bad banks. and the fact of the matter is if the bad bank were sellable, people like chris flowers and wilbur ross and tim collins would have been here a long time trying to buy it. they said maybe we'll split it up, divide it into the good bank and bad bank. we'll sell the good bank to the russians and the troika said selling the good bank is the easy part. what are you going to do with the bad bank? none of that is going to work. you will hear more about what the hopes are for russia from steve in
said that they will access the internet mostly by cellphone. tax experts say these young mobil servers will continue to influence the way corporations do business and marketers advertise will only continue to evolves, as the wwill the way mobilizes are monitored. >> you will pay nearly $50 million in bonuses to for the internet search company's top executives for their performances last year. documents filed tuesday disclose executive chairman eric schmidt will get the biggest award at $6 million. most of its wealth is tied up in google stock. those of the bank of $3.3 million bonus to a top lawyer. the chief financial officer and the company's t business office are each getting bonuses of $2.8 million. >> it looks like twinkies and returned to stores shows their own. houses has announced that to a buyout firms have agreed to buy the brand. the deal includes the loans. the proposed transaction includes the brands by bakeries and equipment. a bankruptcy court still has to approve equipment. a bankruptcy court still has to approve so she sees her allergist who has a receptionist susan, w
. and really what is driving the dow jones. >> european markets and levyiing a tax... they did not want to bail out and the european nations but it is no we were at 10 straight days of a record high. many reasons that this happened is because it wa on down 5 1/2% for however, it looked like it was getting back to normal. >> what is interesting about cyprus is that it is a bit of an analogy like the cayman islands. where there are a lot of money invested offshore? was there any tax consequences? >> they have a bank holiday today. seousometimes they will lose confidence and not be able to get their money overseas. >> what about ope housing in the bay area are here today? >> yes this report released from data quick what i think that could derail the stock market's is possibly interest rates. i would see them to say that it would be a good thing for the bull market for the cyprus money situation. >> keeping interest rates low. >> and there are no right answers there is a plus and minus. we are going to come back with robert black at 9:15 and 6:48. erica? >> good morning. let me start off with this
prosecutors a tax form showing the client had won $400,000 in gambling in las vague yachls now, prosecutors say they're checking that out. they don't know what happened to that money. vic lee abc 7 news. >> thank you very much. a different part of the bay in an effort to get a handle on a violent crime problem, the police chief has a new strategy tonight. laura anthon lee is live to explain. laura? >> hi, dan, neighborhood policing has been tried before here but this time the chief told us he thinks that it will work despite having many fewer officers than last time they tried it. this is a model in many cities. >> the police chief announced a new neighborhood policing plan for a city. he believes will not only take a bite out of crime but strengthens ties between officer asks the community. >> captains will be charged of a smaller area gives us best opportunities to do that. >> area two ran from fruit veil to the san leandro border encompassing three districts. in the new plan the same area is broken into two districts, four, five, each with its own captain he will be held acc
to waive the hotel taxes that could mean millions of dollars. >> off what could help santa clara, san francisco is the fact that miami the other city competing for 2016 has told the nfl will not waive the hotel taxes. santa clara will decide if that will happen. >> we will look at that and perhaps at that time they will say the bay area is a much better deal and miami. >> will have to wait and see. do we have any idea when they make the decision. >> the owners have to get together and vote? >> may 22nd there will make the decision. they have to give the host city several years to prepare to get the infrastructure in place. they have to build facilities if necessary to host insuperable. >> if i just left norland it is huge. you need all kinds of buildings conference rooms and all these things to host the nfl media as well as the activity for the fans. >> we shall see will. thank you for the update. 7 07 we will be back with more in a couple of minutes. a live look outside as we wait for the weather is a change. if we're looking at storm had our way. will have more on the timing in a co
would cut spending by nearly five-trillion dollars over a decade without raising taxes. the democrats' plan is aimed at reducing the deficit by about a trillion dollars over ten years by using spending cuts and tax increases. the president will release his own proposal next month. >> catherine: this was the first full day on the job for pope francis. catholics hope it marks the beginning of a turnaround after years of scandal. erin mclaughlin has the latest from rome. >> reporter: as part of his new day on the job he celebrated mass with the cardinals who voted for him. >> i think you and the prayers that will kill us of this race. >> reporter: a quiet contrast from the thunderous confirmation. >> the word francis, the choice has a lot to do with his internal desire to church the level of beginnings. >> we are learning about the new process of election. >> you gradually began to sense a movement and you pray and talk a lot to others. there is a gradual movement that i found that generated a lot of joy and serenity. >> he was the arch bishop of blindness august, argentina. >> i think t
at a plant in illinois. why some believe it's just one way to tax energy producers, when i see you next. live in washington, kyla campbell, ktvu channel 2 news. >>> 7:15. president obama is coming back here to the bay area next month. the white house says the president will travel to northern california on april 3rd and 4th for fund-raisers for democratic congressional candidates. events are scheduled in san francisco and silicon valley. the president will campaign to try to get fellow democrats to gain control in the house in the 2014 mid-term election. >>> there's a new report that reveals that state furloughs designed to save california money won't save as much as we first thought. the furloughs were intended to save between $5 billion between 2009 and july of year. many state employees are taking less vacation days because of those mandated furloughs. budget advisoriers for the legislature calculate will still save more money in the long run. however, the state will pay $1 billion more than they originally planned to those workers retiring or quitting for vacation time that was never used
because the postal service doesn't receive federal appropriations, it doesn't receive tax money, and patrick donohue says they never will. >> thank you. happening right now, day one of a week-long experiment open bart, aiming to test whether bicyclists and other passengers can share bart trains during the high commute hours. our news reporter is live at the bart station in oakland. how is it going so far, amy? >> kristen, we have not seen major problems but the debate is raging on. bart is trying to make it more comfortable for everyone, trying to make this work. but bicycle riders say they realize it is crowd asked they worried about tonight saying the evening commute is when it really is jammed up in there. >> bicycles are allowed on bart trains at any hour this week but that does not necessarily mean they welcome. >> they are constantly in the way and they take up two or three chairs. you commute around 5:00, it is not a good idea to have them. it is really crowded. >> officials say they have reconfigured the trains to try and create more space for bicycle riders and will try
at a plant in illinois. why some believe it's just one way to tax energy producers, when i see you next. live in washington, kyla campbell, ktvu channel 2 news. >>> 7:15. president obama is coming back here to the bay area next month. the white house says the president will travel to northern california on april 3rd and 4th for fund-raisers for democratic congressional candidates. events are scheduled in san francisco and silicon valley. the president will campaign to try to get fellow democrats to gain control in the house in the 2014 mid-term election. >>> there's a new report that reveals that state furloughs designed to save california money won't save as much as we first thought. the furloughs were intended to save between $5 billion between 2009 and july of year. many state employees are taking less vacation days because of those mandated furloughs. budget advisoriers for the legislature calculate will still save more money in the long run. however, the state will pay $1 billion more than they originally planned to those workers retiring or qui
calling for increases in both spending and taxes. the republican budget plan focuses on cutting spending. the president will release his budget ideas early next month. >>> an exclusive report shows the obama administration wants to give spy agencies more access to your bank accounts. this push is getting the attention of privacy experts. kyla? >> reporter: the news agency, reuters, says the obama administration is drawing up plans to give all u.s. spy agencies access to a massive database that holds financial information on americans and others who bank in the u.s. right now the fbi has full access to that bank of information. reuters says the obama administration wants the cia and national security agency to also have full access. the goal is to track suspicious activity that could help the feds spot terrorist activity, the article cites the treasurely department saying this is legal and that would be under the patriotic act. privacy experts argue too many ordinary u.s. citizens would be unnecessarily put in the spotlight. reuters says this pl
. yesterday senate democrats unveiled their budget proposal calling for increases in spending and taxes. the republican budget plan focuses on spending cuts. the president will release his proposal early next month. >>> time is now 6:16. in berkeley a high school student is recovering after being beaten and robbed within blocks of a school. it happened yesterday morning about 11:15. the victim goes to berkeley technology academy. his school and a nearby preschool were locked down for about 30 minutes while police searched around for the suspect. that boy was taken to a hospital, his injuries described as minor. so far no arrests have been made. >>> the legal battle over two can use martin's beach in san mateo county goes to court today. a gate was put up a few years ago after the beach was sold. the protest today comments days after a lawsuit was filed against the new owners. >>> new this morning, physicists say they are confident they have discovered the so-called god particle. european researchers made the announcement after studying data collected last year from the world's largest a
not file your federal tax return for 2009, you could be missing out on a refund. if the irs says that it has $970 million and unplanned tax refunds from that year. they say that 984,000 people have not submitted returns. a lot of the money works out to be more than $500 per person. if time is running out to claim the cash. 2009 tax returns must be submitted by april the 15th. if you miss that deadline, your money will be handed over to the u.s. treasury. >> oregon's law makers were briefed on an extension report on the potential damage from a monster earthquake and to some eight [ teen ] times are good, aren't they, kids? it's nice having u-verse, isn't it? see back in my day, we didn't have these newfangled wireless receivers. fangled? no, we watched march madness in the living room... that's where the tv outlet was. what is he talking about? and if mom was hosting her book club that day, guess what...you missed it! we couldn't just move the tv all willy-nilly all over the house. ohh! ohh! kids today have it so good. ok. [ male announcer ] call to get u-verse tv starting a
to town voting unanimously to waive a list of fees from hotel tax for nfl staff rooms to ticket sir charges, parking fees, all nfl requirements if santa clara wants to be considered as a super bowl host. the new stadium is finished in next year and if the super bowl comes in 2016 the stadium will be two years old at the time of the the hilton santa clara is optimistically planning a $140-room addition in time, ready in time, for the super bowl in 2016. the city will make their pitch to the nfl in may. >> we have some fees waived so we are more attractive. it is the first time we are doing this. we want to be competitive. >> miami is also a contender and will be competing against santa clara but miami has already posted ten super bowls. perhaps it is someone else's turn and sources tell abc7 news that miami probably cannot afford to waive those fees. the city of santa clara will take their pitch package to the nfl on may 21st. >> thank you. new this morning, president obama is now in israel going the first visit to the country and a new effort for peace between israelis and palestini
their budget proposal calling for increases in spending and taxes. the republican budget plan focuses on spending cuts. the president will release his proposal early next month. >>> time is now 6:16. in berkeley a high school student is recovering after being beaten and robbed within blocks of a school. it happened yesterday morning about 11:15. the victim goes to berkeley technology academy. his school and a nearby preschool were locked down for about 30 minutes while police searched around for the suspect. that boy was taken to a hospital, his injuries described as minor. so far no arrests have been made. >>> the legal battle over two can use martin's beach in san mateo county goes to court today. a gate was put up a few years ago after the beach was sold. the protest today comments days after a lawsuit was filed against the new owners. >>> new this morning, physicists say they are confident they have discovered the so-called god particle. european researchers made the announcement after studying data collected last year from the world's largest
,009 returns. >> irs said if you want to get money back. now is the time to do it. 2,009 tax returns must be submitted by april 15th or lotherwise the money is handed over to the u.s. treasury. >>> they plan to protest tomorrow morning. american postal workers and union are upset about budget cuts. they announce they plan to stop delivering mail on saturdays to save $2 billion a year. >> it will cut back on hours and shifts for thousands of workers. >> they plan to demonstrate in front of the masconi center west. and patrick done my will smoke at a forum. >>> the musicians have been on a strike since wednesday after failing to reach a contract with management. later today. they will announce this schedule which will begin wednesday. >> anyone who has take the for a canceled show can get a refund. >>> he will not fight a ticket for detail gating. chp pulled over sheriff's scott jones back on march 9th. jones said he was on his way to pick up tickets to a department funds raiser. >> the sheriff disagree was the tailgating ticket and adds, it was his first ticket in nearly 25 years. >> high-
by $2 trillion through tax hikes and spending cuts. gop leaders say the plan will raise taxes without balancing the budget. >> we believe we owe the american people a balanced budget. >> reporter: republican paul ryan's budget released tuesday balances the budget in ten years. highlights include repeal of the health care law, an overhaul of ped care making it a private insurance plan funded by vouchers and unspecified reforms of the tax code with a goal of creating two brackets -- 10 and 25%. >> to inflate the claims of deficit reduction. >> reporter: hours after the president meets with house republicans he will speak at a dinner for organizing for action, the retooled version of his campaign in a move that's rankling some republicans saying it runs counter to his outreach. despite the rhetoric, lawmakers haven't ruled out the possibility of a grand bargain for deficit reduction. that seems like tough sled eing given how sharply divided both sides remain. matt? >> kristen welker at the white house. thank you very much. >>> we have an important health alert this morning tied to the co
to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> can $10 million make a bunch of stuffy old men less stuffy? less old? less male? it's monday, march 18th and this is "now." >>> joining me today here in washington, d.c., former white house press secretary, and msnbc contributor, robert gibbs, national political reporter at the "washington post," malika henderson, bbc world news anchor, catty kay and "washington post" columnist and msnbc political analyst, the inimitab ablable eugene robinso. >>> four months after the gop's loss at the election, the results are in, cause of death, massive full-body trauma. >> our message was weak, our ground game was insufficient. we weren't inclusive. we were behind in both data and dig
after its parliament rejected an international bailout package that would have taxed savers and depositors. michelle caruso-cabrera is on the ground right now. she joins us live with the very latest from cyprus. over to you, michelle. >> reporter: hey, there, maria. the very latest that the cyprus plan tried in part trying to raid a pension fund. cash in the pension fund used now and promising to pay the workers later. but their european partners said, no, that's not going to work, because all you're going to do is defer liabilities. it doesn't help your debt profile. so we don't like that. now they're working on plan "c." the question is, what is that? here's the very latest, the bank holiday, as a result of all of this indecision and inaction has been extended and now it looks like the banks will not open until tuesday of next week, a full week without the banking system operating. the minister of finance is in russia, trying to square away a deal there. we haven't had any good results from there. and then very, very worrisome, a member of the ecb talking even tougher late
are weighing whether to add nearly 1 million saturn auras for brake problems. >>> h & r block says tax refunds will be delayed to a family room change the company learned about after filing hundreds of thousands of returns. >>> do you remember this video of a 62-year-old plan shooing a shark away from australia beachgoers back in january? it turns out he and his wife were on sick leave for distress. their bosses saw this viable video and now they've both been fired. >>> well, while the cardinals vote for a new pope, is it time for the catholic church to take another look at women in more prominent roles? plus a good old counterfeit cash story. you're watching "first look." oo? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. and you wouldn't have whatit any other way.e. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only
. a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my lifetime." well... my husband passed away last
official admits using tax money. tonight the one thing kept him out of prison. >> a management makeover at police headquarters. opd brass gets new responsibilities in the fight against crime. >> a step in california high speed rail project. the state can now proceed to borrow another $8 billion to build it. >> live on bart. to gauge reaction to letting bikes on board. >> he served the south bay as a county supervisor. he broke public trust. now, destined to serve time for the crimes committed. >> former santa clara county supervisor pleaded guilty today to charges of misusing taxpayer money. prosecutors say crimes were driven by gambling. vic lee is live with the latest. vic? >> this was the rise and fall of a popular politician. a second generation county supervisor took over his father's seat when he died. his gamble addiction got the better of him. tonight, today, his nightmare ended here at this court house. the disgraced former supervisor made no statements in court, never showed emotion, appearing with just his lawyer. no entourage. he stood before the judge as he read list of cha
city council to turn down the nfl request for tax breaks but we'll have to see what they decide tonight. >> thank you very much. two convicted swindlers got the harshest penalty ever handed dmoun a fraud case. you're looking live at the building involved. it's one of the city's prime pieces of real estate. abc 7 news is in the newsroom with the latest on it. vic? its got all of the makings of a novel, perhaps a movie. a ring of conartists making off with millions, money laundering condos, a fugitive on the and murder. the mastermind of the ring of thieves dubbed a dark prince. he may never be tried in this case, he's spending a life jents for murdering a 74-year-old palm springs man when he tried to steal his estate. his two accomplices appeared today to face their fate here. telecommunications executives and this tennis inspector were convicted for defrauding vips out of millions in real estate. today, the judge passed sentence. therefore mr. shaw sentenced to owe 20 years. >> the judge ordered shaw to pay a fine of $14 million. the co-defendant got 13 years prison in a four an
opposition to the new taxes by going around gop leaders or rolling right over them. >> i don't think it's to break or go around them. i think it is to identify what i call the commonsense caucus, which says we can do sensible deficit reduction with a combination of entitlement reform, some judicious spending cuts, closing some tax loopholes that nobody really defends on their own and that's what i've been talking about for the last two years. >> that commonsense caucus on the republican side, lindsey graham, kelly ayotte, other senate republicans say you see a lot more entitlement reform from you before they can sign on to any new revenues like putting -- raising the medicare eligibility age back on the table. is that back on the table? >> well, one of the things, you know, that i've discovered in some of these dinners, which is useful, people don't actually know what i proposed and it's a lot easier to have a conversation when there's something specific. >> even those who have seen your plans say they need to see more. >> i understand which at some point i take myself out of this. what
. in comparison, does 15 percent of adults said they access the internet mostly by self of. tax experts say these young mobil servers will continue to influence the way corporations do business and marketers advertised will only continue to evolves, as the way mobilizes are monitored. >> ogoogle is paying nearly $50 million in bonuses to for the internet search the company's top executives for their performances last year. documents filed tuesday disclosed executive chairman eric schmidt will get the biggest award at $6 million. most of smith's wealth is tied up in google stock. google is also paying a $3.3 million bonus to a top lawyer. the chief financial officer and the company's jeep business officer are each getting bonuses of $2.8 million. >> it looks like twinkies may return to store shelves soon. hostess as announced that to buy out firms have agreed to buy the brand the deal includes ding-dongs. the above transactions include the brands five bakeries and equipment. a bankruptcy court still has to approve the deal. the only thing we'd ever grown together was a record collection. no.
their budget proposal calling for increases in both spending and taxes. the republican budget plan focuses on cutting spending. the president will release his budget ideas early next month. >>> an exclusive report shows the obama administration wants to give spy agencies more access to your bank accounts. this push is getting the attention of privacy experts. kyla? >> reporter: the news agency, reuters, says the obama administration is drawing up plans to give all u.s. spy agencies access to a massive database that holds financial information on americans and others who bank in the u.s. right now the fbi has full access to that bank of information. reuters says the obama administration wants the cia and national security agency to also have full access. the goal is to track suspicious activity that could help the feds spot terrorist activity, the article cites the treasurely department saying this is legal and that would be under the patriotic act. privacy experts argue too many ordinary u.s. citizens would be unnecessarily put in the spotlight. reuters says this plan is in its early stage
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